If approved by the government, the 520MW project would be developed at an estimated cost of US$500M. Electricity of Vietnam (EVN) is expected to develop what will become the nation’s fourth largest hydro project and will contribute some 15% of the capital costs. Construction of the power plant is expected to kick off later this year and will be put into operation in the 2011-2012 period.
It is projected that 980 households with nearly 6500 people will have to be relocated and the total compensation provided will amount to around US$31.5M.
